Paramount Residential Mortgage Group, Inc. is excited to announce the appointment of Justin Margolis as the new Vice President of Non-QM Business Development. With over 13 years of experience in the mortgage industry, Margolis brings a wealth of knowledge, a passion for solving complex mortgage challenges, and a proven track record of leadership to this pivotal role.

As the new VP of Non-QM Business Development, Margolis will oversee PRMG’s Non-QM division, working to drive production, improve internal processes, and develop strategies to help the sales team close more deals. His focus will be on identifying creative solutions for scenarios that may not fit traditional guidelines, ensuring that PRMG can assist more borrowers with unique financial situations.

Justin has played a key role in shaping underwriting exceptions and guidelines for many of the complex loan scenarios since the division’s inception. Now overseeing all three PRMG channels—retail, wholesale, and correspondent—as a top Non-QM originator for PRMG, Justin brings firsthand experience by providing a unique perspective beyond standard underwriting guidelines.

“I am thrilled to take on this role at PRMG, and my primary goal is to turn ‘no’ into ‘yes’,” said Margolis. “I aim to revive deals that may have been turned down elsewhere by finding a Non-QM product that fits the scenario. By leveraging our trusted partners and streamlining our internal processes, I am committed to ensuring that every opportunity is explored and every deal has a path to success.”

Margolis has an extensive background in the mortgage industry, including his most recent role as a high-producing Branch Manager for PRMG in South Florida. Prior to that, he spent five years as a Non-Performing Loan Portfolio Manager at Bayview Asset Management, where he gained deep experience in loss mitigation, originations, and operations. This experience gives Margolis a comprehensive understanding of the Non-QM marketplace, from both a sales and servicing perspective, positioning him to navigate even the most complex mortgage situations.

Over the course of his career, Margolis has received numerous accolades, including recognition in the Presidents’ Cabinet, ranking as a Top 1% Loan Originator in the country, and a Top Originator in volume and units by Scotsman Guide. He has also established himself as a resource for colleagues and clients alike, known for his dedication to finding solutions that help borrowers achieve homeownership, especially in challenging circumstances.

As a lifelong advocate for homeownership, Margolis is committed to helping clients achieve their goals, no matter the challenges they face. Every situation presents a unique opportunity for Non-QM lending to offer a valuable way to grow business and increase income by assisting borrowers who may not meet traditional loan requirements but have the financial means to sustain a mortgage.

Margolis will report directly to Robert Holliday, COO, along with the support of Gary Malis, Chief Strategy & Capital Markets Officer, and he will be working closely with PRMG’s investors, TPO partners, and correspondents to drive growth in the Non-QM segment.

In addition to his professional accomplishments, Margolis is a proud father and enjoys spending time with his family. He also enjoys freshwater fishing as a way to unwind and relax.

For more information about PRMG’s Non-QM solutions, please contact Justin Margolis by email JMargolis@PRMG.net or call 561.504.9149